| Type | Public: (NASDAQ: SAPX) |
|---|---|
| Industry | Filmmaking |
| Founded | 2002 |
| Founder(s) | Peter Hoffman |
| Headquarters | London, United Kingdom |
| Area served | Worldwide |
| Key people | the Honorable Hubert Gibbs (Chairman of the Board) Peter Hoffman (CEO) Michael Garstin (President) Kate Hoffman (COO) Elaine New (Finance Director) |
| Services | Film Making |
| Divisions | Seven Arts International |
| Website | www.7artspictures.com |
Seven Arts Pictures also known as Seven Arts Entertainment Inc. (NASDAQ: SAPX) is a publicly traded independent film production company registered in the United Kingdom engaged in developing, financing, producing and licensing theatrical motion pictures. It should not be confused with Seven Arts Productions, founded in 1957 by Ray Stark and Elliot Hyman, which later acquired Warner Brothers Pictures in the late '60's. Notable films from Seven Arts include Stander, Asylum, Noise and more recently Night of the Demons.
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Seven Arts Pictures was founded in 2002 by former Carolco president and CEO Peter Hoffman. Carolco had previously used the name Seven Arts as a joint venture with New Line Cinema to produce and release mid-budget films; when the partnership was dissolved, Hoffman took the name Seven Arts with him to start over. With offices in London, England and Los Angeles, California, Seven Arts is producing motion pictures worldwide with budgets ranking from $2 million to $15 million for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including Blu-Ray and DVD, home video, pay-per-view, and free television. Mario Kassar had headed Carolco with Hoffman.
In 2004 Seven Arts Pictures Plc became a listed company on AIM. After trading on AIM for 3 years, the company moved to Plus Markets from 2007 to 2009. In preparation to its entrance on the NASDAQ Seven Arts Pictures Plc was listed on the OTCBB from 2008 to 2009. Since 2009 Seven Arts Pictures Plc has been trading on the NASDAQ under SAPX.
The production slate of Seven Arts Pictures and third partie producers are distributed through Seven Arts International.
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